Regarding :Clarification on admissibility of deemed export benefits under Para 8.2F of FTP.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... To All Regional Authorities/DCs A reference has been received from trade seeking certain clarifications on admissibility of deemed export benefits under para 8.2(f) of FTP . The issues have been considered for issuance of appropriate clarifications under para 2.3 of FTP . 2. Chronological sequence is described as under: (i) 21 st March, 2012: Notification No. 107(RE-2010)-20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... upply of goods to Power Projects and Refineries not covered in para 8.2(f) of FTP ) was deleted. Non-Mega Power Project were covered under para 8.2.(g) of FTP as Non-Mega Power Projects were not entitled for zero duty import and accordingly, in view of Notification given in para 2(i) above, this para was deleted. Similarly, provisions relating to deemed export benefits for Non-Mega Power Pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s been tied up through tariff based competitive bidding 4. Clarifications In view of the position explained above, following clarifications are issued: (i) Deemed export benefits are not available for supplies to Non-Mega Power Projects. (ii) Para 8.2(f)(i) and para 8.2(f)(ii) of FTP are in continuation and hence to be read in conjunction. Para 8.2(f) (ii) of FTP lay .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X